NEW DELHI: The CBDT has stressed out that Aadhaar-PAN linking is 'obligatory' for the ones submitting an Income Tax Return (ITR) and this procedure must be 'finished' by means of March 31 this year. "Constitutional validity of Aadhaar has been upheld by the Supreme Court of India in September, 2018. Consequently, in terms of Section 139AA of Income Tax Act, 1961 and order dated June 30, 2018 of the Central Board of Direct Taxes, Aadhaar-PAN linking is mandatory now which has to be completed till March 31, 2019 by PAN holders requiring filing of ITR," the CBDT mentioned in an advisory Thursday.
The Supreme Court on February 6 had showed that linkage of PAN with Aadhaar is obligatory for submitting of ITRs.
This reiteration of the September order of the apex court docket came on an attraction filed by means of the Centre towards a Delhi High Court order permitting two individuals, to report their ITRs for 2018-19 without linking their Aadhaar and PAN numbers.
A bench comprising Justice A Ok Sikri and Justice S Abdul Nazeer mentioned the highest court docket has already made up our minds the subject and upheld the segment 139AA of the Income Tax Act.
The apex court docket on September 26 remaining year had declared the Centre's flagship Aadhaar scheme as constitutionally valid however struck down some of its provisions together with its linking with bank accounts, cell phones and faculty admissions.
Former CBDT Chairman Sushil Chandra, early this month at an match, had mentioned that just 23 crore PAN card holders-over half of the total PAN card holders - have so far connected their playing cards with biometric ID Aadhaar.
He had mentioned the I-T Department has so far issued 42 crore everlasting account numbers (PAN), of which 23 crore had been connected with Aadhaar.
Chandra mentioned that after Aadhaar is connected with PAN and PAN is connected with checking account, the I-T department can in finding out spending pattern and different details of the assessee. Furthermore, since many businesses are connected with Aadhaar, it will be more uncomplicated to gauge whether the benefits of welfare schemes are availed by means of eligible individuals, he mentioned.
Section 139 AA (2) of the Income Tax Act says that each person having PAN as on July 1, 2017, and eligible to obtain Aadhaar, should intimate his Aadhaar number to tax government.
While Aadhaar is issued by means of the Unique Identification Authority of India (UIDAI) to a resident of India, PAN is a 10-digit alphanumeric number allocated by means of the IT Department to a person, company or entity.
The CBDT formulates policy for the tax department.
The Supreme Court on February 6 had showed that linkage of PAN with Aadhaar is obligatory for submitting of ITRs.
This reiteration of the September order of the apex court docket came on an attraction filed by means of the Centre towards a Delhi High Court order permitting two individuals, to report their ITRs for 2018-19 without linking their Aadhaar and PAN numbers.
A bench comprising Justice A Ok Sikri and Justice S Abdul Nazeer mentioned the highest court docket has already made up our minds the subject and upheld the segment 139AA of the Income Tax Act.
The apex court docket on September 26 remaining year had declared the Centre's flagship Aadhaar scheme as constitutionally valid however struck down some of its provisions together with its linking with bank accounts, cell phones and faculty admissions.
Former CBDT Chairman Sushil Chandra, early this month at an match, had mentioned that just 23 crore PAN card holders-over half of the total PAN card holders - have so far connected their playing cards with biometric ID Aadhaar.
He had mentioned the I-T Department has so far issued 42 crore everlasting account numbers (PAN), of which 23 crore had been connected with Aadhaar.
Chandra mentioned that after Aadhaar is connected with PAN and PAN is connected with checking account, the I-T department can in finding out spending pattern and different details of the assessee. Furthermore, since many businesses are connected with Aadhaar, it will be more uncomplicated to gauge whether the benefits of welfare schemes are availed by means of eligible individuals, he mentioned.
Section 139 AA (2) of the Income Tax Act says that each person having PAN as on July 1, 2017, and eligible to obtain Aadhaar, should intimate his Aadhaar number to tax government.
While Aadhaar is issued by means of the Unique Identification Authority of India (UIDAI) to a resident of India, PAN is a 10-digit alphanumeric number allocated by means of the IT Department to a person, company or entity.
The CBDT formulates policy for the tax department.
Link PAN, Aadhaar by March 31: CBDT to tax filers
![Link PAN, Aadhaar by March 31: CBDT to tax filers]()
Reviewed by Kailash
on
February 15, 2019
Rating:
